The principles set forth in Valcom’s Code of Ethics are integrated to and implemented through the Organisation, Management and Control System adopted. The Code of Ethics by VALCOM SRL states the general principles and the code of conduct the Company regards as having a positive ethical value and that should be observed by all those the code is addressed to. It shall be the duty of all concerned, within their area of responsibility, to comply and demand compliance with the binding principles stated in the System and the Code of Ethics.